This was part of an historic four-year settlement, to which 97% of local authorities signed up. Yes, there were some challenges relating to the transition that certain places would have to make as a result of the formula at that time, and it has been widely recognised that that was dealt with in the right way. Labour authorities such as Lancashire benefited from it at the time.
Last year, the Federation of Small Businesses reported on the untapped potential of women in enterprise. However, Analysis Legal in Bramhall in my constituency was set up by a group of female lawyers and is going from strength to strength. Does the Minister agree that encouraging more women into business and supporting female entrepreneurs is key to the success of the northern powerhouse?